Diversification of Raw Material Sourcing and Strengthening of the Procurement Framework
First written in FY2016. 8 of 13 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-08-25.
0 other companies' latest entry also says "Advanced".
- 2026-08-25AdvancedOther Disclosures
「中間体からハフニウムを分離することで、製品中のジルコニウム純度をより高めることが可能です。」
ベトナム生産拠点で製造したジルコニウム中間体を日本国内で分離・精製する工程を示し、ジルコニウム純度向上と国内での新たな製造機能を具体化した。 - FY2026AdvancedAnnual report
「The full-scale operation of the Vietnam subsidiary's plant in July 2025 diversified the supply structure for zirconium oxychloride (ZOC), bringing efforts to reduce dependence on specific regions and lower costs into the implementation stage. Meanwhile, the impact of China's export controls on yttrium and medium and heavy rare earths continues. The Company is working to establish a stable procurement structure by diversifying suppliers, reviewing inventory levels, and cooperating with relevant government agencies.」
While a two-location procurement structure for ZOC from China and Vietnam-based VREC has been achieved, China's export controls on yttrium and medium and heavy rare earths continue. The Company has expanded its response to include supplier diversification, inventory reviews, and cooperation with relevant government agencies. - FY2025AdvancedAnnual report
「The Company has established a procurement structure for ZOC from two locations, China and the Vietnam-based VREC, to diversify supply risk. However, some raw materials, including yttrium, medium and heavy rare earths, and cesium, remain available from limited sources. The Company will address this by strategically increasing inventories and through public-private initiatives.」
The Company established a two-location procurement structure for ZOC in China and at VREC, thereby concretely diversifying supply sources. For rare earths and other materials with limited suppliers, it added higher inventories and public-private collaboration as measures. - FY2024AdvancedAnnual report
「Based on the long-term strategy of avoiding the risk of relying exclusively on China for zirconium oxychloride, a zirconium intermediate, the Group began operating a mass-production plant in August 2023.」
In response to the concentration of zirconium oxychloride supply in China, the Company began mass production of the intermediate in Vietnam. In addition to diversifying existing suppliers, the supply structure has advanced to include production facilities operated by the Group. - FY2023AdvancedAnnual report
「The consolidated subsidiary VIETNAM RARE ELEMENTS CHEMICAL JOINT STOCK COMPANY (VREC) currently procures zircon sand, its principal raw material, from multiple suppliers in Vietnam.」
The Company disclosed that VREC procures raw materials from multiple suppliers in Vietnam, putting the diversification of supply sources into practice. - FY2022ReframedAnnual report
「However, the Company recorded a loss in its financial results for the fiscal year ended March 2022 due to the cancellation of the agreement related to the investment and other factors. Meanwhile, the expansion of the mineral business in Vietnam has established a short-term prospect of procuring the zirconium minerals required by the Group. The Company will continue working toward stable medium- to long-term procurement of zirconium minerals in Vietnam based on the investigations and studies conducted to date.」
The focus has shifted from a procurement plan premised on investing in a mineral business company to short-term procurement from multiple suppliers and efforts to secure stable medium- to long-term procurement in Vietnam. - FY2021Mineral procurement plan stalled and alternative suppliers being developedAnnual report
「Although the litigation is expected to be resolved quickly and the business to resume, the Company will work to build relationships with other suppliers as a precaution.」
While the Vietnam mineral procurement plan has stalled due to litigation, the Company indicated a policy of diversifying sources of supply by building relationships with other suppliers. - FY2020AdvancedAnnual report
「After the current expansion work is completed, the Company plans to procure approximately half of the zirconium raw materials it requires from VREC.」
In addition to diversifying raw material suppliers, the Company explicitly stated its plan to procure approximately half of its required zirconium raw materials from VREC after completion of VREC's expansion work. - FY2019AdvancedAnnual report
「In April 2019, the Company established an SCM (supply chain management) center to strengthen its supply chain, including overseas operating bases. It will optimize transportation methods, storage locations and other aspects of importing raw materials and exporting product groups, and build a logistics structure capable of providing timely and stable supply.」
In addition to continuing to diversify raw material sources outside China, the Company established an SCM center in April 2019 and began strengthening its logistics structure. - FY2018RestatedAnnual report
「The Company is actively strengthening relationships with companies in producing countries other than China and developing new suppliers, thereby steadily diversifying sources of supply outside China.」
The Company is continuing to diversify raw material procurement by strengthening relationships with producing countries other than China, developing new suppliers, and collaborating with government authorities and trading companies. It has also set a reduction in total logistics costs as a logistics objective. - FY2018-Q3AdvancedAnnual report
「The Company will construct a new plant to increase VREC's production capacity and expand its business, in order to ensure a stable supply of zirconium intermediates and meet expected growth in demand for the Company's products.」
As a specific measure to strengthen the stable supply of zirconium intermediates, the Company has decided to increase VREC's production capacity and construct a new plant. - FY2017RestatedAnnual report
「The Company is actively strengthening relationships with producing countries other than China and developing new suppliers, thereby diversifying its sources of supply.」
To address dependence on China, the Company is continuing to strengthen relationships with non-Chinese producing countries, develop new suppliers, and share information with government authorities and trading companies. - FY2016First statedAnnual report
「The Company is actively developing new suppliers, including by strengthening relationships with producing countries other than China, and is diversifying its sources of supply.」
To address dependence on China, the Company is developing new producing countries and strengthening information-sharing with government authorities and trading companies.